Africa Energy Corp (AFE) — Working Capital to Net Assets Ratio
Africa Energy Corp (AFE) has a Working Capital to Net Assets ratio of 7.2% as of December 2025. Working capital of CA$2.95 Million (current assets of CA$3.27 Million minus current liabilities of CA$316.00K) is measured against net assets of CA$40.82 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Africa Energy Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Africa Energy Corp Working Capital to Net Assets (2010–2025)
This chart shows how Africa Energy Corp's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 7.2%, reflecting working capital of CA$2.95 Million against net assets of CA$40.82 Million CAD. For the complete balance sheet picture, see AFE total asset value.
Annual Working Capital to Net Assets for Africa Energy Corp (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Africa Energy Corp from 2010 to 2025, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore AFE long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 7.2% | CA$2.95 Million | CA$40.82 Million | CA$3.27 Million | CA$316.00K | ▲ +33.0 pp |
| 2024 | -25.8% | CA$-8.23 Million | CA$31.92 Million | CA$2.43 Million | CA$10.65 Million | ▼ -27.0 pp |
| 2023 | 1.3% | CA$1.67 Million | CA$131.85 Million | CA$1.83 Million | CA$161.00K | ▼ -0.3 pp |
| 2022 | 1.6% | CA$3.86 Million | CA$249.03 Million | CA$7.25 Million | CA$3.39 Million | ▼ -2.0 pp |
| 2021 | 3.6% | CA$9.47 Million | CA$265.56 Million | CA$11.15 Million | CA$1.68 Million | ▼ -3.9 pp |
| 2020 | 7.5% | CA$18.19 Million | CA$242.24 Million | CA$19.99 Million | CA$1.80 Million | ▲ +2.4 pp |
| 2019 | 5.1% | CA$2.11 Million | CA$41.44 Million | CA$2.56 Million | CA$444.00K | ▼ -2.1 pp |
| 2018 | 7.2% | CA$3.20 Million | CA$44.22 Million | CA$3.27 Million | CA$78.00K | ▲ +22.7 pp |
| 2017 | -15.4% | CA$-1.87 Million | CA$12.12 Million | CA$3.46 Million | CA$5.33 Million | ▼ -75.7 pp |
| 2016 | 60.3% | CA$10.04 Million | CA$16.67 Million | CA$10.61 Million | CA$566.00K | ▼ -38.2 pp |
| 2015 | 98.4% | CA$6.72 Million | CA$6.83 Million | CA$7.27 Million | CA$549.00K | ▼ -1.6 pp |
| 2014 | 100.0% | CA$1.31 Million | CA$1.31 Million | CA$1.78 Million | CA$465.00K | ▲ +95.8 pp |
| 2013 | 4.2% | CA$3.96 Million | CA$93.33 Million | CA$4.32 Million | CA$352.00K | ▼ -0.6 pp |
| 2012 | 4.9% | CA$4.43 Million | CA$90.67 Million | CA$10.25 Million | CA$5.82 Million | ▼ -29.6 pp |
| 2011 | 34.5% | CA$25.88 Million | CA$75.11 Million | CA$29.38 Million | CA$3.50 Million | ▼ -65.5 pp |
| 2010 | 100.0% | CA$189.46K | CA$189.46K | CA$229.94K | CA$40.48K | — |